It’s abundantly clear that the Reddit-driven rallies in names like Sundial Growers (NASDAQ:SNDL) stock went too far. The supposedly epic “short squeezes” promised since late January haven’t materialized. GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), SNDL stock and others remain well off their peaks. There’s plenty of reason for skepticism toward those names going forward as well.
admin
After reviewing the statements of experts on the state of the pandemic in the U.S., reading CDC projections on the course that the coronavirus is likely to take and analyzing Ocugen’s (NASDAQ:OCGN) recent first-quarter earnings conference call, I remain extremely bearish on OCGN stock. Source: Shutterstock.com Ocugen has said that it is trying to get
The disruption that the novel coronavirus caused last year was nothing like we’ve had in centuries. Luckily, we have amazing vaccine companies that succeeded, plus others like Novavax (NASDAQ:NVAX) trying their hardest. NVAX stock is still full of potential and today we will debate owning it. Source: Ascannio/Shutterstock.com Pfizer (NYSE:PFE), Moderna (NASDAQ:MRNA) and AstraZeneca (NASDAQ:AZN)
For many digital currency enthusiasts, bitcoin and ethereum occupy central spaces as focal points. Beyond this, amateur investors may be aware of other cryptocurrencies like ripple or EOS, and they may also be familiar with gimmick tokens like dogecoin. Some of the other major digital currencies are often neglected, however; litecoin tends to be one
Technical analysis – the practice of devising knowledge from stock charts – is almost unlimited in its complexity and potential for further complexity. You might well wonder why people would make stock picking so complicated. Why not just rely on the basic indicators, like whether the stock price is up or down? Well, those who use technical analysis
A Wall Street sign is seen near the New York Stock Exchange (NYSE) in New York City, May 4, 2021. Brendan McDermid | Reuters Investors will see whether stocks carry their newfound momentum into the week ahead, as major retailers, including Walmart and Home Depot, report earnings and housing data dominates the calendar. The Federal
While the obvious impact of the novel coronavirus is seen in our daily lives — the facemasks, the social distancing and the occasional flare up when some folks lose their marbles — the pandemic has also deeply affected us in broader ways. For instance, that trip to Europe you’ve been saving for was cruelly taken
So far in 2021, IBM (NYSE:IBM) stock has outperformed stock of cloud czars Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN). Source: shutterstock.com/LCV Big Blue is still a little bird among the clouds. It opened for trade May 14 at $145.11. That’s a market cap of $128.9 billion on 2020 revenue of $73.8 billion. A 14.5% rise
In this crazy market environment where bearishness equates to a reason to buy a particular equity unit, it should be no surprise in this context that Zomedica (NYSEAMERICAN:ZOM) previously dominated the charts. Given that ZOM stock once closed near the $3 level, shares at less than 80 cents sounds like a reasonable opportunity. But if
When I last wrote about Nio (NYSE:NIO) stock last month, I made the case that it was ready to take another tumble. So far, that’s ended up being the case. Since late April, when shares in the Chinese electric vehicle (EV) play were finding support at around $35-$40 per share, the stock has seen a
The VIX is known as the fear index because it is based on the amount of puts that are purchased. Why? -The more puts that are purchased on the SP500, the higher the VIX -When puts are high that means people are buying protection -They think the market is going down High v. Low VIX
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images PayPal is making another acquisition in the e-commerce space as it moves beyond payments and into physical and online retail. The digital payments giant announced a deal to acquire start-up Happy Returns on Thursday for an undisclosed
What does inflation do to stock prices? Stocks are reacting negatively this week to modestly higher inflation figures, but it’s not at all clear that the current figures are a long-term negative for stocks. Higher inflation is usually looked on as a negative for stocks, because it increases borrowing costs, increases input costs (materials, labor),
People crowd outdoor seating at a restaurant as coronavirus disease (COVID-19) restrictions are eased in Ann Arbor, Michigan, U.S., April 4, 2021. Emily Elconin | Reuters A new book by Nobel Economics Prize winner Daniel Kahneman asks, why does everyone make such bad decisions and what can we do about it? Why do we all
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming service fell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts. DoorDash (DASH) –
The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), on Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Disney — The media giant’s share price sank more than 3% after it missed revenue and streaming subscriber estimates. Disney earnings
Nvidia (NASDAQ:NVDA) and NVDA stock have had a tumultuous eight months. This year alone, NVDA has gone on several runs, followed by steep drops. Shares have ranged in price, from a low of $462 in March to an all-time high close of over $645 in mid-April. Currently trading in the $560 range — off April’s
Since the onset of the pandemic in 2019, investors have paid special attention to pharmaceutical companies engaged in vaccine manufacturing and Novavax (NASDAQ:NVAX) has been making strong moves through the pandemic. Those who bought NVAX stock early have also taken home profits. Source: Shutterstock NVAX stock has fallen from the peak which makes it a great
Vaxart (NASDAQ:VXRT) tried to produce a Covid-19 vaccine that could be taken orally as a pill, but it failed. As a result, VXRT stock is probably headed down 85% to its cash per share level, or about $1.00. Source: Ascannio / Shutterstock.com This is nothing new. Most investors will remember the stock’s collapse back in
While no one knows for sure what the recent rumblings in the major indices entails, looking at the bigger picture, the post-novel-coronavirus rally has been one of the most remarkable in history. Naturally, the bullishness extended to high-profitability potential growth investments like Senseonics (NYSEAMERICAN:SENS). As a play on the science, Senseonics is brilliant. As a